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US Commercial Service Hosts Discover AfDB-Nigeria Business Spotlight

1st Discover AfDB
A group photograph of speakers, panelists and participants at the 1st Discover AfDB – Nigeria Business Spotlight event in Lagos. |
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September 22, (THEWILL) – The US Commercial Service Liaison Office to the African Development Bank (AfDB), in collaboration with the American Business Council and the African Development Bank’s Nigeria Country Department, hosted the first ever Discover AfDB-Nigeria Business Spotlight.

The event, which was held on Thursday, underscores the strong US commercial engagement in Nigeria.

Held at Microsoft’s Lagos office, the event also welcomed over 70 US firms working in Nigeria.

It is the first in a series titled Discover AfDB, led by the US Commercial Service, to expand outreach to the US private sector, enhance knowledge on the activities of the Bank’s operations in Nigeria and highlight upcoming business opportunities.

Ashley Ndir, the United States Senior Commercial Liaison to the AfDB, welcomed participants to the event noting, “the US Commercial Liaison Office to the AfDB’s objective is to assist US companies in navigating public and corporate procurement opportunities at the Bank and expand understanding of the resources of the AfDB’s private sector financing. We want to see more American firms active in doing business with the AfDB here in Nigeria, as well as across the continent.”

The United States is the largest non-regional shareholder at the African Development Bank. The AfDB has over 54 operations in their Nigerian portfolio, valued at $4.5 billion. Lamin Barrow, Director General of the African Development Bank for Nigeria outlined the Bank’s country strategy for Nigeria, key initiatives and financing activities to support the country’s economic and social progress.

“The Nigerian Country Department of the African Development Bank is delighted to be part of this initiative to expand outreach and provide a platform to inform US firms about business opportunities arising from the Bank’s financing activities to the public and private sector in African countries. The USA is a strategic partner of the Bank, so we look forward to strengthening our engagement with US companies”, Lamin said.

His keynote speech was followed by a panel moderated by Elvire Kodio, US Commercial Specialist to the AfDB. The panel discussed the theme: “Infrastructure and Digital Transformation for Nigeria-Business Opportunities”, Panelists included AfDB’s Rosemond Offei-Awuku, Task Manager for the Bank’s Investment in Digital and Creative Enterprise (I-DICE) program; Orison Amu, Operations Support Manager; Patrick Owuori, Procurement Lead; as well as Microsoft’s Azure business group lead, Chukwuma Okpaka, who provided perspective of the private sector’s work in the digital space.

The US Commercial Liaison Office to the AfDB will be continuing their Discover AfDB series of events as part of their strategy to engage more US firms in doing business with the African Development Bank.